LIBERTY-PANTALOON JOINT VENTURE FOR FOOTMART RETAIL (the enterprise has already opened a factory each in Ahmedabad and Bangalore). Check it out:
(India Business Insight Via Thomson Dialog NewsEdge) Liberty of Karnal in Haryana has formed a joint venture with Pantaloon Retail, called FootMart Retail India. The joint venture has already opened a factory each in Ahmedabad and Bangalore with an initial investment of Rs30 crore. The joint venture proposes to launch a branded footwear retail chain with stores measuring between 10,000 square feet and 20,000 square feet in metros and sub-metros.
FootMart proposes to open stores in Bangalore, Mumbai, Hyderabad and Ahmedabad by Dec 2006.
Copyright 2006 Silverline Information Systems Pvt. Ltd. Source : Financial Times Information Limited



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